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2415A-2415B-2441 S Center St
Hickory, NC 28602 Outer City Of Hickory

$3,198,000 USD

Assisted Living For Sale • 9,928 SF

Property Details

Property Type Assisted Living
Total Building Size 9,928 SF
Lot Size 3.21 AC
Building Class B
Year Built 2011
Zoning GB

30 Walk Score

                
                    Highlights
                
                                ?High-Impact Value-Add: $4–$6M expansion transforms a 17-bed facility into a projected $50M asset w/ ~$4M net annual income
                            
                                ?Incredible Growth Potential: Pre-approved plans to expand to 83 beds (Independent Living, Assisted Living, & Memory Care mix)
                            
                                ?Prime Waterfront Setting: Upscale ranch-style units overlooking the river w/ direct boardwalk access
                            
                                ?De-Risked Development: Land removed from FEMA floodway + grading plan already in place
                            
                                ?Turnkey + Income In-Place: Fully staffed operations w/ existing private-pay residents & Medicaid eligibility for ALF
                            
                                Strong Market Fundamentals: Located in Hickory with growing senior population, limited supply, & flexible investment options incl. seller financing